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Category: Economy

Economy

Sanusi Warns Buhari Against $30bn Foreign Loan

Iheanyi Ejiofor December 2, 2016

Ebun Francis The Emir of Kano and the immediate past Governor of CBN, Sanusi Lamido Sanusi, has advised the federal government against taking a foreign loan of 30 billion dollars,…

Read More Sanusi Warns Buhari Against $30bn Foreign Loan
Economy

FG indicts CBN, NCC, others over ‘missing’ N450 Billion

Iheanyi Ejiofor December 1, 2016

Ebun Francis The Federal government on Thursday  disclosed that an audit it carried out  revealed that about 450 billion naira was yet to be  remitted to the federation account by…

Read More FG indicts CBN, NCC, others over ‘missing’ N450 Billion
Economy

Nigeria’s economic crisis needs bold, persistent strategy – Emefiele

Iheanyi Ejiofor December 1, 2016

Ebun Francis Godwin Emefiele, The Governor of Nigeria’s Central Bank on Thursday urged economy managers in the country to be bold and persistent in finding lasting solutions to the problems…

Read More Nigeria’s economic crisis needs bold, persistent strategy – Emefiele
Economy

CBN indicts Buhari’s economic managers for worsening recession

Iheanyi Ejiofor December 1, 2016

Ebun Francis The central bank of Nigeria has placed the blame for  the persistent economic recession in the country squarely on the foot of those President Muhammadu Buhari appointed to…

Read More CBN indicts Buhari’s economic managers for worsening recession
Economy

Oil price soars as Opec agress first output cut in 8 years

Iheanyi Ejiofor December 1, 2016

Ebun Francis with agency reports The price of Brent crude rose sharply to $59.94 and US crude jumped  to $49.53 as Opec agreed to cut supply for the first time…

Read More Oil price soars as Opec agress first output cut in 8 years

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